Breakout Alert 7: $PMPC (Update 2017-08-07)

On August 01, 2017, $PMPC broke out from a short consolidation with above average volume. Exit price is 9.17/share. Buy above exit price, sell immediately when it falls below. This is kinda late since its price, as of August 02, 2017, is now at 13.14/share, still the pros of this stock is worth sharing.

Pros:

• It started trending since February of 2017.
• This was a sleeping stock way back before February of 2017. A sleeping stock is a stock that is not actively traded and mostly have many blank days or doji candles. Reminds me of $ION and $PHES.
• Gross revenue, net income, and net profit margin grew by 23%, 114%, and 74% respectively (based on its annual report).
• Institutional buyers are now starting to accumulate shares.
• Their latest cash dividend (payment date was on May 10, 2017) was 0.70/share! That's very generous, mate.

Con:

• Fairly illiquid, for me (liquidity varies from trader to trader).

Update (August 07, 2017):

Exit price now at 12.14/share.

CAVEAT EMPTOR